Somewhat Positive News Coverage Somewhat Unlikely to Affect First Majestic Silver Corp. (AG) Share Price
News articles about First Majestic Silver Corp. (NYSE:AG) (TSE:FR) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Majestic Silver Corp. earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned news stories about the mining company an impact score of 46.6813519940598 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Intraday Movers: Mallinckrodt Public Limited Company, (NYSE: MNK), First Majestic Silver Corp., (NYSE: AG … – Stocks In The News (press release) (tradingnewsnow.com)
- Hot Stock That Must Be in Your Portfolio – First Majestic Silver Corp., (NYSE: AG) – Stock Watch (stocksnewstimes.com)
- Mining Stocks’ Movement in the First Week of November (finance.yahoo.com)
- First Majestic Silver Corp. breached its 50 day moving average in a Bullish Manner : AG-US : November 9, 2017 (finance.yahoo.com)
- First Majestic Silver Corp. to Post FY2017 Earnings of $0.00 Per Share, Cormark Forecasts (AG) (americanbankingnews.com)
First Majestic Silver Corp. (AG) traded down $0.18 during mid-day trading on Friday, hitting $6.63. 3,005,900 shares of the company were exchanged, compared to its average volume of 3,974,685. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.77 and a quick ratio of 3.38. First Majestic Silver Corp. has a 52-week low of $5.92 and a 52-week high of $10.92.
A number of research firms have recently weighed in on AG. ValuEngine downgraded shares of First Majestic Silver Corp. from a “hold” rating to a “sell” rating in a report on Friday. HC Wainwright restated a “buy” rating and issued a $14.00 target price on shares of First Majestic Silver Corp. in a report on Friday, November 3rd. BidaskClub downgraded shares of First Majestic Silver Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Zacks Investment Research downgraded shares of First Majestic Silver Corp. from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 9th. Finally, Scotiabank reduced their target price on shares of First Majestic Silver Corp. from $11.50 to $9.75 and set a “sector perform” rating on the stock in a report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. First Majestic Silver Corp. has a consensus rating of “Hold” and a consensus price target of $10.50.
About First Majestic Silver Corp.
First Majestic Silver Corp. is a mining company. The Company is focused on silver production in Mexico and it is pursuing the development of its existing mineral property assets. The Company operates through eight segments, six of which are located in Mexico; one retail market segment in Canada, and one metal trading segment in Europe.
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